Index Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
OMX Copenhagen Support Services GI (NASDAQ:CX2790GI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CX2790GI
The long term trend has been DOWN since Jul 19th, 2019 at 1297.32
The intermediate term trend has been DOWN since Oct 7th, 2019 at 1175.39
The short term trend has been UP since Oct 15th, 2019 at 1107.74
Smart Scan Analysis for CX2790GI
Based on a pre-defined weighted trend formula for chart analysis, CX2790GI scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1594.32000000||52wk High Date||2018-08-01|
|52wk Low||1387.69000000||52wk Low Date||2018-10-09|